Used primarily as a building block in medicinal chemistry, this compound enables the synthesis of highly strained, three-dimensional structures that improve drug potency and metabolic stability. Its unique bridged architecture is valuable in the design of bioisosteres, particularly as a replacement for phenyl or tert-butyl groups, enhancing pharmacokinetic properties in drug candidates. It is especially useful in the development of CNS-targeted therapeutics due to its ability to increase saturation and reduce planarity, which can improve blood-brain barrier penetration. Additionally, the hydroxyl group allows for further functionalization, facilitating conjugation or linker attachment in prodrug strategies and targeted therapies.